ITIR, brand Hyderabad tops Chandrashekar’s priority list

Tags: News
Telangana chief minister K Chandrashekar Rao, who was sworn in Monday, held review meetings on key aspects of implementing information technology investment region (ITIR) and steps to be taken to keep brand Hyderabad intact.

The chief minister asked the officials to come up with short term and long terms proposals with respect to giving shape to the ITIR proposal.

The development of this ITIR, coming up outskirts of Hyderabad, would entail an investment of Rs 2,00,000 crore over 25 years. When fully complete, it would provide direct employment to 1.5 million people and indirect employment to 5.5 million people.

ITIR aims at promoting clusters of IT-ITEs and electronic hardware manufacturing units. It is proposed to be developed in 202 sq km (about 50,000 acre) covering Gachibowli and Madhapur in the western side of the city, Maheswaram, Raviryal, Adibatla and Mamidipalli on the outskirts in the southern side of Hyderabad and Uppal and Pocharam in the eastern side of the city.

The chief minister currently has a principal secretary and an officer on special duty to assist him in the administration. Two secretaries are expected to be appointed soon.

Rao will meet bank officials on Wednesday to discuss the implementation of his poll promise of waiving of loans upto Rs one lakh to the farmers. The loan waiver is expected to cost the state exchequer about Rs 20,000 crore.

Meanwhile, finance minister Eetala Rajender said that Andhra Pradesh’s incoming chief minister N Chandrababu Naidu’s has been stating that some companies were looking to relocate from Hyderabad to other places. Refuting this, he said companies are not moving out of Hyderabad and that MNCs are keen to come to the city.

Some pharma companies that have set up operations in Visakhapatnam in Andhra Pradesh were not as successful as hoped and were looking to come to Hyderabad, he claimed.

Rajender, who is also in charge of civil supplies, held discussions with officials on MSP for maize and others.

Medical and health minister T Rajaiah said plans will be drawn up to make medical facilities available at the village level and for improving medical education in the state.

Out of the 42 IAS officers, Telangana has posted 40 in roughly the same departments that they have already worked in.

The centre has accorded special category status to Andhra Pradesh and this would come into effect from June 8 when Naidu would swear in as chief minister.

“The special category status to a state and incentives to the industry are different things. If incentives are given to the industry, there might be a case of companies going there to take advantage of the sops. So far, this is not the case,” said Sudhir Reddy, president of Telangana industry forum.


Post new comment

E-mail ID will not be published
This question is for testing whether you are a human visitor and to prevent automated spam submissions.


  • Neither secular nor socialist, India at 66 is back where it began

    The republic has entered its 66th year but the nation is more than just another year older.


Stay informed on our latest news!


GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India


Arun Kumar Jain

Building great cities (and nations)

Fifteen to twenty years’ span is the time when humans ...

Kuruvilla Pandikattu SJ

Defining success differently

Researchers spent four decades studying a group of mathematically talented ...

Shona Adhikari

All roads lead to Delhi, as it gears up for art fair

With the seventh edition of India Art Fair (IAF) coming ...


William D. Green

Chairman & CEO, Accenture